Privacy Policy for Wallenberg Investments AB
About Wallenberg Investments AB
Wallenberg Investments (“WIAB”) is a privately owned company that shall own and manage movable and immovable property, preferably securities, as well as conduct advisory activities for the company's owners and related activities. The company’s operations are mainly conducted within the framework of three branches of activity: (1) holding companies for the management of subsidiaries, (2) management and trading of securities for the company’s own account and a closed circle of owners, and (3) advisory activities for the company’s owners and other related entities. WIAB is owned by the three largest Wallenberg Foundations.
Read more about WIAB and the Wallenberg Foundations at
www. wallenberginvestments.com and www.wallenberg.org
About this Privacy Policy
WIAB protects your personal privacy. This Privacy Policy describes certain personal data processing where WIAB processes personal data for its own account, including purposes for which personal data are processed, what personal data are collected and the measures that WIAB takes to protect personal data.
This is a general Privacy Policy. For specific activities and processing of personal data, this Privacy Policy may be supplemented by additional policies or privacy notices. In such cases, this general Privacy Policy shall be read together with the specific policy provided for the specific activity.
How WIAB, as a data controller, uses personal data
WIAB collects and processes personal data in accordance with the General Data Protection Regulation (EU) 2016/679 and other applicable legislation for the protection of privacy. “Personal data” means data that can be used to identify a natural person who is alive.
In contacts with WIAB, you may provide WIAB with information about yourself or personal information that WIAB asks you to give. This applies, for example, when WIAB should inform you and answer questions about its activities. The information that is provided or collected may refer to your name, title, postal address, email address, telephone number, and other information that you choose to provide.
As a data controller, WIAB processes personal data for the following purposes:
To be able to provide service and respond to inquiries regarding WIAB’s activities, and to manage WIAB’s relationship with you and the organization you represent.
For internal administration purposes, internal statistics, and to evaluate, develop and improve WIAB’s operations.
To provide information about WIAB’s activities and activities to those who have shown interest.
To allow WIAB to fulfil legal obligations under applicable laws, regulations or government decisions.
WIAB processes personal data only if there is a legal basis for handling it. The processing of personal data is based on a legitimate interest in cases where WIAB processes personal data to give you information, provide service and respond to your requests about WIAB’s operations, as well as for purposes related to administration and to evaluate, develop and improve WIAB’s operations. This includes actions taken by WIAB regarding troubleshooting, protection, testing and improvement of systems used by WIAB in its operations.
When personal data are processed to fulfil obligations under applicable laws, regulations and government decisions – for example, under Sweden’s Accounting Act (1999:1078) – the legal obligation is the legal basis for the processing of the data.
If you have given consent to certain processing of your personal data, the consent is a legal basis for that processing. Consent may be withdrawn at any time.
WIAB only saves your personal data only for as long as it is required for the purpose of processing the data. Personal data is culled or anonymized when it is no longer relevant for purposes for which it has been collected.
In addition to the above stated purposes of WIAB’s personal data processing, the Foundation for Economic History Research within Banking and Enterprise – in accordance with its statutes to promote scientific research – archives certain documents from WIAB’s activities for archiving and research purposes, such as accounting documents, meeting minutes, annual reports and printed matter. Documents transferred by WIAB to the Foundation for Economic History Research within Banking and Enterprise for archival and research purposes are only transferred for this purpose. When personal data are processed at the Foundation for Economic History Research within Banking and Enterprise for archival and research purposes, the processing is carried out on the basis of performing a task of general interest and that purpose is consistent with the original purposes of collecting the personal data. The Foundation for Economic History Research within Banking and Enterprise takes appropriate protective measures to ensure that the principle of data minimization is especially respected.
Disclosure of personal data
Within the framework of WIAB’s activities, and in order to achieve the above-mentioned purposes of data processing, WIAB may, in accordance with applicable legislation, share personal data with others with whom WIAB cooperates, such as the Wallenberg Foundations.
In some cases, personal data collected by WIAB may be transferred to countries outside the European Economic Area (EEA). In this case, such transfer shall be carried out in accordance with the legislation in force and require that the country concerned has an adequate level of data protection, or that there are other sufficient safeguard measures to ensure that the transfer is lawful.
Personal data may also be disclosed to authorities in accordance with applicable legislation.
Security
WIAB takes the necessary and reasonable technical and organizational security measures to protect personal data from unauthorized access, disclosure, alteration or destruction. This means that WIAB, in its personal data processing activities, applies various physical and technical limitations and restrictions on access to personal data, including through technical authorization and access control systems, the use of firewalls, virus protection, backup systems and other network security, and the possibility of security measures such as encryption and de-identification of personal data where appropriate. If WIAB hires a third-party partner to support WIAB’s operations, WIAB ensures that the party applies the corresponding technical and organizational security measures and only processes personal data in the manner approved by WIAB.
Request for register extract, rectification, etc.
You have the right to receive confirmation free of charge of whether personal data about you are being processed by WIAB and, if such case, to request information about which personal data WIAB processes, from where this personal data have been obtained, the purposes for which the data have been processed, the recipients or categories of recipients the personal data have or may be disclosed to and, if possible, the anticipated period during which the personal data will be stored (the “Register Extract”). For such requests, WIAB will also provide the information that WIAB is obliged to disclose in accordance with applicable law. A request for a Register Extract must be made in writing and signed by you.
Anyone who discovers that registered personal data are not up to date, inaccurate, incomplete or have been processed in violation of the above-mentioned purposes or relevant legislation may request WIAB to correct, block or delete such registered personal data.
You also have the right, under certain conditions, to request limitation of your data processing or request a copy of the personal data relating to you in a structured format (data portability).
Anyone who has given consent to certain processing of personal data may at any time choose to withdraw their consent by contacting WIAB. In the event that consent is withdrawn, WIAB will cease processing of the data for which consent was given.
Requests to WIAB under this section shall be sent in accordance with the contact details below.
Cookies
WIAB makes use of cookies for the information WIAB provides through its websites for statistical evaluation and analysis, among other purposes. A cookie is a text file that is stored on your computer, for example, which enables identification of your computer.
There are two different types of cookies: session cookies and permanent cookies. A session cookie is automatically deleted when a website is closed. A permanent cookie is stored on your computer for a certain period of time. These two types of cookies can be placed on a website by different operators (first or third parties) for the purpose of storing them on your storage medium (for example, your computer’s hard drive). A first-party cookie is placed by the operator who operates the website that you visit or use. A third-party cookie is placed by an operator who does not operate the website you visit or use.
If you do not want to allow cookies to be stored on your computer, you can change it in your browser’s settings on your computer or delete the cookies stored on your storage medium. Most browsers automatically accept cookies, but there is also the option to refuse cookies or choose to display a warning before they are saved. However, denying cookies could mean that WIAB's websites may not work properly.
The following table shows the different categories of cookies used in WIAB’s operations, the reason why they are used, and the operator that can, for example, place the cookie:
Type of cookie:
Name: _ga
Category: Session
Purpose: Analytics
Origin: Google Analytics
Description:
- Determines unique visitors.
- Used on all web pages.
Life span:
Stored up to 2 years
Type of cookie:
Name: _gid
Category: Session
Purpose: Analytics
Origin: Google Analytics
Description:
- Determines unique visitors.
- Used on all web pages.
Life span:
Stored 24 hours
Type of cookie:
Namn: _gat
Kategori: Session
Syfte: Analytics
Ursprung: Google Analytics
Description:
- Speeds up inquiries/requests.
- Used on all web pages.
Life span:
Stored 1 minute
Changes to the Privacy Policy
This Privacy Policy is subject to change. If changes are made to the Privacy Policy that alter the way we process your personal data, WIAB will notify you of such changes in an appropriate manner.
Supervision
The supervisory authority in Sweden is the Swedish Authority for Privacy Protection (IMY).
Read more at www.imy.se
Contact information
If you have any questions or comments regarding this Privacy Policy, please feel free to contact us.